Internal
Systems
For Your Business

Discover How Our Systems Can Free You to Work ON Your Business… Not IN Your Business.

We can help you help your business by providing an objective review of your internal control systems and determine the efficiency and effectiveness of your operating procedures.

Among the corrections we might help you make…

  • Segregate duties in order to reduce risk of error or inappropriate action. This involves making sure that no one person has control over all aspects of any single financial transaction.
  • Ensuring that all transactions are handled by a delegate with approved authority to handle such transactions.
  • Put systems into place which create a process where all transactions are reviewed and reconciled by someone other than the transactor.
  • Assure physical safety of all equipment and introduce periodic counts to compare equipment, inventory, cash and other property are consistent with that on record.
  • Implement job training for all employees and make sure that employees have the knowledge and resources to carry out their job duties, are provided with an appropriate amount of supervision, and are aware of the channels for reporting potential problems.
  • Documentation of all policies and procedures that are accessible to your employees and the procedures for continued guidance and training regarding these procedures to address employee turnover or prolonged employee absence.
  • A consistent review of operations to determine that results are consistent with objectives and goals.

Ready to schedule for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!

The Word on Payment Methods for Lynnwood Businesses

…payment methods!Try to come up with one thing that’s more important to your Lynnwood business than taking in revenue smoothly. Yeah, I couldn’t, either.And making sure that revenue is coming in becomes almost an obsession when you’re feeling the squeeze of...

Alleviating Cash Flow Management Pains for Lynnwood Businesses

[1] Because we’re talking cash flow management today… with a recession looming on the horizon and the effects of inflation being felt so hard in everyday life, it’s difficult not to freak out over what lies ahead for your Lynnwood small...

Why Should Lynnwood Businesses Care About FASB and GAAP?

 Yes, inflation isn't slowing down, even here in Lynnwood.Though it's not the main thing I'll be writing about today, I did want to point out this economic elephant in the room for my Seattle business owner readers and clients, and not just speed on by and...

An Accounting Methods Rundown for Lynnwood Businesses

Before I get into accounting methods basics today (a subject near to my heart) ... I hope you were able to get in on some Memorial Day activities this past weekend (though I know some Lynnwood business owners are in the thick of things during this commemorative...

Making the Most of Your Lynnwood Business’s P/L Statement

In the arena of not-so-good news, along with so many other things these days, it looks like IRS interest rates have gone up for Quarter 3. Inflationary insults to injury for Lynnwood business owners.These days are getting tougher. Hang in there.Now … the one...

Three Financial Statements Lynnwood SMBs Need To Get Right

If you’re a successful Lynnwood business owner in this high-pressure time, you’ve learned to master the art of the pivot. Pivot on pricing, pivot on operations, pivot on hiring, pivot on supply, pivot on financials... Successfully pulling it off is...

Abella Tax Services, Inc.’s Guide to the Profit and Loss Statement

As a small business owner, you’re often preoccupied with all the things that go into running your Lynnwood business – the daily logistics, managing employee workflow, paying the bills, bringing in more customers… making a profit. Let’s focus on that last one,...

Customer Relationship Management Software for Lynnwood Businesses

Apparently, it is National Small Business Week. And while I tend to think these kinds of “national weeks” or days, or what have you, are often pretty silly … well, as someone who has been in the trenches with the SMB community over the last few years, I...

What is the Best Payroll Software for Your Lynnwood Small Business?

Every Lynnwood business owner in today’s inflationary environment is looking for ways to economize and improve: overhead expenses, workload, staffing needs, office space, supply chains, etc. It all feels stretched. We’re *all* feeling it, even here in Lynnwood.So it...

Time Management Software Choices for Lynnwood Businesses

Tax “season” is over – at least for most of us. For all of the tax-exempt organizations out there operating on a calendar year basis, just a little nudge regarding the May 16th filing deadline. We’re here to help.Now, however, despite the relief that comes with the...